If you are planning to withdraw money from KiwiSaver to pay for a first home, the sooner you do it, the better.
Three thousand KiwiSaver members withdrew money from their accounts to buy a house in May, down from a spike of 6000 in March.
In the year to June 2016, the most recent full year for which data is available, more than 25,000 savers made use of the option.
People can withdraw all their savings, their employer's contributions and the Government's member tax credits to buy a house, provided they have been in the scheme at least three years and have not owned a house before, or are in the same financial position as a first-home buyer.
from
http://www.stuff.co.nz/business/money/94825422/Don-t-let-buying-your-first-house-ruin-your-KiwiSaver-retirement-savings
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